Citigroup (C) news
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Citi hires BNP Paribas duo for Europe finl sponsors team: FN
Citigroup has appointed two professionals from BNP Paribas to its European financial sponsors team, according to a report. The hires are part of Citi’s ongoing efforts to strengthen its investment banking operations in Europe. The new recruits will join Citi’s team focused on serving private equity…
AInvest Wire · 4h agoPenn Entertainment, Inc.: Citigroup cuts target price to $17 from $22
Citigroup has revised its price target for Penn Entertainment, Inc. (PENN), reducing it to $17 from a previous target of $22. The adjustment reflects a reassessment of the company’s near-term outlook and market positioning. Despite the lower price target, the firm has maintained its “Market…
AInvest Wire · 17h agoMGM Resorts International: Citigroup cuts target price to $32 from $48
Citigroup has revised its target price for MGM Resorts International, reducing it from $48 to $32, reflecting a shift in analyst sentiment regarding the company’s near-term prospects. The adjustment follows a reassessment of market conditions and operational performance within the gaming and…
AInvest Wire · 17h agoPershing Square Inc: Citigroup cuts to sell from neutral
Citigroup has downgraded Pershing Square Inc to "sell" from "neutral," reflecting a shift in its assessment of the company's outlook and market positioning. The move follows a comprehensive review of the firm's recent performance and broader industry dynamics. Analysts cited concerns over valuation…
AInvest Wire · 17h agoWillscot Holdings Corporation: Citigroup cuts target price to $21 from $30
Citigroup has revised its target price for Willscot Holdings Corporation (WSC) from $30 to $21, reflecting a 30% reduction in valuation . The adjustment comes amid ongoing market volatility and evolving industry dynamics within the broadcast and communications sector. While the firm maintains its…
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